What You Need To Know As Poet Technologies Stock Surges
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POET Technologies Inc. (POET) shares surged 7.17% to $8.66, driven by positive market sentiment and strong performance in the technology sector. The stock has increased 71.57% over the past year, trading significantly above its 20-day and 100-day moving averages. Analysts maintain a Buy rating with an average price target of $5.83, reflecting confidence in the company's growth. Upcoming earnings on March 30, 2026, are anticipated to show improvement, with EPS estimates rising from $-0.48 to $-0.06. Despite bullish momentum, caution is advised as the stock approaches overbought levels.
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